Search Results for “assignment of benefits”

Consumers Paying For Florida Legislature’s Inaction On Assignment Of Benefits (AOB) ‘Scams’ With Car Insurance, Too

Auto as well as homeowners Insurance rates for everyone are on the rise because of abusive practices. CLICK ON THE HEADLINE FOR MORE

Citizens’ Rate Increase Request Further Proof Of Need For Assignment Of Benefits Reform

Last year in South Florida, more than 55 percent of claims submitted involved an AOB or had legal representation before the claim was even reported to Citizens. CLICK ON THE HEADLINE FOR MORE

Insurance Agents Expecting To Write More South Florida Policies With State-Run Citizens

If the Legislature fails to address “assignment of benefits” abuses for a fifth-straight year, more private insurers will likely decide parts or all of the tricounty region are too risky and refuse to take new customers. CLICK ON THE HEADLINE FOR MORE

Lawmakers Set To Take Another Stab At Fixing Insurance Claim Abuses

Banking and insurance panels from the state Senate and House will kick off this year’s efforts to solve the “assignment of benefits” problem that home insurers say will trigger annual insurance rate hikes for South Florida homeowners indefinitely if not resolved. CLICK ON THE HEADLINE FOR MORE

Florida Lawmakers On Mission To Overhaul Homeowner Insurance Claim Process

Critics say that assignment of benefits opens the door to fraudulent claims from contractors who ask insurance companies to pay more than necessary to complete a job. CLICK ON THE HEADLINE FOR MORE

Why Florida Insurers Could Double Homeowners’ Rates

Lawyers and contractors are cleaning up by exploiting a well-intentioned provision, while insurers and homeowners get socked. CLICK ON THE HEADLINE FOR MORE

Florida Insurers Place All Options On Table To Address AOB Abuse

They say they have no choice after the Florida Legislature for the fifth year in a row failed to address the crisis in water damage claims abuse. CLICK ON THE HEADLINE FOR MORE

How False Water-Damage Claims Are Reaching Crisis Levels In Florida

With just a few weeks before the start of Hurricane Season 2017, there is another destructive storm hitting Florida that’s causing untold damage. CLICK ON THE HEADLINE FOR MORE

Florida’s Insurance Test

Will Republicans block an attempt to limit a legal scam? CLICK ON THE HEADLINE FOR MORE

Florida’s Trial Bar Hurricane

Legal abuse threatens Florida’s insurers and homeowners. CLICK ON THE HEADLINE FOR MORE

Hurricane Insurance Scam Driving Up Florida Premiums

The number of questionable, non-catastrophe claims is soaring. CLICK ON THE HEADLINE FOR MORE

Insurance Rates Set To Rise As Legislature Fails To Enact Reform

The Florida Property & Casualty Association blamed Sen. Miguel Diaz de la Portilla, R-Miami, chairman of the Senate Judiciary Committee, for failing to bring up a bill. CLICK ON THE HEADLINE FOR MORE

There’s A New Magnet For Insurance Scams In Florida

From 2013 to 2014, Florida was inundated with 92,521 AOB lawsuits – a 1,000-percent increase from 2005/2006. CLICK ON THE HEADLINE FOR MORE

Citizens Property Insurance Seeks Changes For Water Claims

The Citizens Board of Governors on Wednesday unanimously agreed to move forward with changes involving how water-damage claims are handled. CLICK ON THE HEADLINE FOR MORE

House Bill Aims To Curb Contractor Abuses By Barring Attorneys Fees

State Rep. John Tobia, R-Melbourne Beach, filed the bill Monday, minutes after insurance industry spokesmen asked lawmakers to help curb increases in lawsuits and repair bills for water damages. CLICK ON THE HEADLINE FOR MORE